On Thursday all three stock indexes fell lower. Much of the blame was laid on the Federal Reserve’s hawkish tone on reducing the size of their balance sheet. Basically they will not be providing the high degree of liquidity the market is used to as they reduce the size of their holdings. But there were other factors as well. Apple Stock continued its decline and Facebook Stock pulled back on further concerns over the “Russia” probe that has now reached the largest social media outlet in the world.
Here is the outlook for the S&P and NASDAQ indexes for Fri Sep 22 2017 as viewed by the advance decline numbers from the close of trading on Thu Sep 21 2017.
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Advance Decline Numbers Outlook For Sep 22 2017
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